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    <author>ENA</author>
    <category>Sectors</category>
    <date>2025-04-22 16:48:44</date>
    <fulldesc>&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;&lt;strong&gt;New Delhi, Apr 22 (KNN)&lt;/strong&gt; Ministry of New &amp;amp; Renewable Energy (MNRE) has granted a nine-month extension for the commissioning of certain solar projects, pushing the deadline to December 2025.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The extension applies to projects managed by two key government agencies: the Solar Energy Corporation of India (SECI) and the Indian Renewable Energy Development Agency (IREDA), according to a document seen by Reuters.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The delay affects solar installations under the Central Public Sector Undertaking (CPSU) Scheme Phase-II, which targets the development of 12 gigawatts (GW) of solar capacity by public sector entities.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;These projects are required to use domestically produced photovoltaic (PV) cells and modules, supported by government funding.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;In its letter to SECI and IREDA, the MNRE attributed the extension to a range of hurdles, including limited domestic availability of solar modules, transmission infrastructure bottlenecks, and delays related to tendering processes.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The move highlights broader issues facing India's renewable energy ambitions. Although the country aims to reach 500 GW of non-fossil energy capacity by 2030, it currently stands at about 172 GW.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The sector is also contending with low demand for tenders, delays in securing land and power purchase agreements, and frequent project cancellations.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;India had previously missed its 2022 target of installing 175 GW of renewable energy, underscoring the complexity of its green energy transition.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;Despite significant investment and policy support, fossil fuels still made up over two-thirds of Indias electricity generation last year.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;span style=&quot;font-size:14px&quot;&gt;The extension offers temporary relief to developers but also signals the need for structural reforms to meet Indias long-term clean energy goals.&lt;/span&gt;&lt;/p&gt;&#13;
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&lt;p&gt;&lt;em&gt;&lt;strong&gt;&lt;span style=&quot;font-size:14px&quot;&gt;(KNN Bureau)&lt;/span&gt;&lt;/strong&gt;&lt;/em&gt;&lt;/p&gt;&#13;
</fulldesc>
    <id>41826</id>
    <link>https://knnindia.co.in/news/newsdetails/sectors/india-extends-solar-project-deadline-to-dec-2025</link>
    <pubDate>2025-04-22 16:48:44</pubDate>
    <source>knnindia.co.in</source>
    <title>India Extends Solar Project Deadline to Dec 2025</title>
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